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Maximum growth with minimal effort is a seductive thought. Many assume, however, that it couldn’t possibly be a reality. From prospecting for new business, to the laborious onboarding of new business risks and then the extra resource required to manage the new client base, insurers can be wary of the investment needed in terms of time and money. 8 October 2021
Insurance
ICEYE has tracked more than 450 potential flood events globally in 2021. 7 October 2021
Technology
There is no doubt that insurance is a complicated business, commercial insurance doubly so. With many policies bespoke to each client, and sums insured reaching into enormous figures, there is pressure to give every policy the maximum attention possible. 7 October 2021
Technology
Price has always been a central part of the insurance decision-making process. Clients want value for money and to know that they have the fullest possible coverage, but they are also highly price-sensitive. In the competitive commercial lines market, even small price fluctuations can make a huge difference to a carrier’s ability to win or keep business. 6 October 2021
Technology
There are myriad benefits for a company that is highly connected, data-driven and technology-enabled. Decisions are made faster and with greater accuracy. There is a greater reach and companies can experience sustainable growth at rates never before thought possible. But, as always, there are consequences. With technology advances have come the threat of technology downtime and business interruption with the potential to cost millions in lost revenue or worse, litigation. 6 October 2021
Insurance
The new European operation will focus on insurance broking for financial and professional lines. 5 October 2021
Insurance
The estimate includes insured losses from Hurricane Ida and extreme flooding in Western Europe. 5 October 2021
Insurance
The acquisition expands its specialty capabilities and footprint in the Scandinavian market as well as Singapore. 4 October 2021
Insurance
Featuring Simone Bohnenberger-Rich, SVP of Product at Eigen Technologies 4 October 2021
Insurance
The event generated an insurance industry loss of around $11bn, finds Cresta. 4 October 2021
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